Pakistan provides summary of corporate tax amendments proposed in Finance Bill, 2024

14 June 2024|Tax Alerts, Legislation & Policy, National/Federal Taxation|Pakistan

This Alert highlights significant amendments of interest to multinational entities and other corporations as proposed in the Finance Bill, 2024 (the Bill).
The amendments proposed by the Bill could be modified before they are enacted as the Finance Act 2024 and then become effective from 1 July 2024 (Tax Year 2025).

Executive summary

The Finance Bill, 2024 (the Bill), presented at the National Assembly on 12 June 2024, proposes a host of changes relevant to corporations and multinational enti…

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